American Tower Corporation (REIT) (NYSE:AMT) Updates On Dividend Release Date


On 2016-06-03, American Tower Corporation (REIT) (NYSE:AMT) confirmed the dividend disbursement of $0.53 a share to shareholders as on record 2016-06-17. The firm will release dividend on 2016-07-15 while ex-dividend date is reported to be 2016-06-15.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, American Tower Corporation (REIT) (NYSE:AMT) paid a total of $0.53 per share in dividends. This figure stood at $0.53 a share in the same period a year ago indicating a deviation of 29.2857%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $126.333 on the stock. This figure is the average of recommendations offered by 12 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $138 and $110, respectively.

Taking the mathematical rating formula, the price for American Tower Corporation (REIT) (NYSE:AMT) stands at 1.21. Earnings Review American Tower Corporation (REIT) (NYSE:AMT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $1.39.

Coming to the quarter ending on 2015-12-31, American Tower Corporation (REIT) (NYSE:AMT) recorded EPS of $1.38. The reported numbers came lower than the analysts’ estimates of $1.33, demonstrating a miss of $0.05 as against reported figures.

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